Neuberger Berman Large Cap Value Tr
- NBPTX
- Price as of: Nov 24, 2020
-
$34.79
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Neuberger Berman
- Share Class
NBPTX - Snapshot
Vitals
- YTD Return 12.1%
- 3 Yr Annualized Return 4.5%
- 5 Yr Annualized Return 8.3%
- Net Assets $1.67 B
- Holdings in Top 10 30.1%
52 WEEK LOW AND HIGH
$34.79
$19.93
$36.28
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.03%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 157.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
Closed to new investors as of Jul 26, 2010
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
NBPTX - Profile
Distributions
- YTD Total Return 12.1%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return 8.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.82%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameNeuberger Berman Large Cap Value Fund
-
Fund Family NameNeuberger Berman
-
Inception DateAug 30, 1993
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEli Salzmann
Fund Description
The fund normally invests at least 80% of its net assets in equity securities of large-capitalization companies, which it defines as those with a market capitalization within the market capitalization range of the Russell 1000® Value Index at the time of purchase. The Portfolio Manager looks for what he believes to be well-managed companies whose stock prices are undervalued. It may also invest in stocks of foreign companies.
NBPTX - Performance
Return Ranking - Trailing
| Period | NBPTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.1% | -30.9% | 284.7% | 2.48% |
| 1 Yr | -4.7% | -33.9% | 15.5% | 26.32% |
| 3 Yr | 4.5%* | -10.3% | 11.0% | 14.47% |
| 5 Yr | 8.3%* | -4.4% | 13.6% | 6.72% |
| 10 Yr | 8.8%* | -1.9% | 11.8% | 46.65% |
* Annualized
Return Ranking - Calendar
| Period | NBPTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 19.3% | -32.1% | 76.3% | 47.42% |
| 2018 | -13.3% | -62.4% | 16.7% | 30.74% |
| 2017 | 4.4% | -72.0% | 37.9% | 76.48% |
| 2016 | 21.4% | -61.4% | 31.0% | 1.61% |
| 2015 | -24.0% | -47.3% | 4.6% | 97.34% |
Total Return Ranking - Trailing
| Period | NBPTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.1% | -30.9% | 284.7% | 2.48% |
| 1 Yr | -4.7% | -33.9% | 15.5% | 22.50% |
| 3 Yr | 4.5%* | -11.2% | 11.0% | 13.28% |
| 5 Yr | 8.3%* | -4.8% | 13.6% | 6.09% |
| 10 Yr | 8.8%* | -2.1% | 11.8% | 44.04% |
* Annualized
Total Return Ranking - Calendar
| Period | NBPTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 19.3% | -32.1% | 76.3% | 47.50% |
| 2018 | -13.3% | -37.1% | 17.4% | 62.89% |
| 2017 | 13.3% | -9.5% | 37.9% | 62.38% |
| 2016 | 28.0% | -27.9% | 32.2% | 1.31% |
| 2015 | -12.9% | -28.9% | 4.6% | 92.56% |
NAV & Total Return History
NBPTX - Holdings
Concentration Analysis
| NBPTX | Category Low | Category High | NBPTX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.67 B | 390 K | 81.4 B | 25.63% |
| Number of Holdings | 79 | 1 | 1638 | 53.39% |
| Net Assets in Top 10 | 500 M | 68.9 K | 20.4 B | 28.00% |
| Weighting of Top 10 | 30.09% | 2.8% | 100.0% | 38.61% |
Top 10 Holdings
- JPMorgan Chase & Co 4.65%
- General Electric Co 3.69%
- Southern Copper Corp 3.44%
- Philip Morris International Inc 3.02%
- Johnson & Johnson 2.98%
- Illinois Tool Works Inc 2.87%
- Citigroup Inc 2.73%
- Bank of America Corp 2.73%
- Caterpillar Inc 2.67%
- Comerica Inc 2.63%
Asset Allocation
| Weighting | Return Low | Return High | NBPTX % Rank | |
|---|---|---|---|---|
| Stocks | 95.72% | 0.00% | 144.64% | 85.63% |
| Cash | 3.74% | -129.21% | 100.00% | 12.82% |
| Bonds | 0.54% | 0.00% | 42.12% | 5.71% |
| Preferred Stocks | 0.00% | 0.00% | 20.06% | 80.24% |
| Other | 0.00% | -1.17% | 90.90% | 78.29% |
| Convertible Bonds | 0.00% | 0.00% | 9.60% | 78.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NBPTX % Rank | |
|---|---|---|---|---|
| Financial Services | 27.48% | 0.00% | 60.37% | 8.61% |
| Industrials | 24.63% | 0.00% | 46.06% | 1.80% |
| Basic Materials | 17.81% | 0.00% | 23.70% | 0.82% |
| Consumer Cyclical | 8.81% | 0.00% | 30.11% | 30.02% |
| Energy | 6.40% | 0.00% | 23.54% | 15.34% |
| Consumer Defense | 5.18% | 0.00% | 31.06% | 84.91% |
| Healthcare | 4.34% | 0.00% | 31.61% | 98.77% |
| Communication Services | 3.14% | 0.00% | 23.33% | 94.09% |
| Real Estate | 2.20% | 0.00% | 87.91% | 59.97% |
| Utilities | 0.00% | 0.00% | 46.31% | 97.79% |
| Technology | 0.00% | 0.00% | 54.02% | 99.75% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NBPTX % Rank | |
|---|---|---|---|---|
| US | 90.19% | 0.00% | 143.35% | 68.16% |
| Non US | 5.53% | -0.07% | 37.07% | 37.80% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NBPTX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 87.44% | 0.00% | 100.00% | 81.98% |
| Government | 12.56% | 0.00% | 100.00% | 2.18% |
| Derivative | 0.00% | 0.00% | 78.95% | 78.37% |
| Securitized | 0.00% | 0.00% | 35.57% | 77.62% |
| Corporate | 0.00% | 0.00% | 100.00% | 81.22% |
| Municipal | 0.00% | 0.00% | 1.03% | 77.62% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NBPTX % Rank | |
|---|---|---|---|---|
| US | 0.54% | 0.00% | 36.22% | 5.71% |
| Non US | 0.00% | 0.00% | 22.92% | 77.63% |
NBPTX - Expenses
Operational Fees
| NBPTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.03% | 0.01% | 19.26% | 46.21% |
| Management Fee | 0.89% | 0.00% | 1.50% | 93.96% |
| 12b-1 Fee | 0.10% | 0.00% | 1.00% | 22.31% |
| Administrative Fee | 0.40% | 0.01% | 0.50% | 97.63% |
Sales Fees
| NBPTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| NBPTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| NBPTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 157.00% | 0.00% | 481.00% | 95.17% |
NBPTX - Distributions
Dividend Yield Analysis
| NBPTX | Category Low | Category High | NBPTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 34.60% | 80.47% |
Dividend Distribution Analysis
| NBPTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| NBPTX | Category Low | Category High | NBPTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.82% | -3.83% | 5.26% | 50.17% |
Capital Gain Distribution Analysis
| NBPTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 18, 2018 | $0.470 |
| Dec 18, 2017 | $0.350 |
| Dec 19, 2016 | $0.298 |
| Dec 18, 2015 | $0.451 |
| Dec 16, 2014 | $0.401 |
| Dec 17, 2013 | $0.578 |
| Dec 17, 2012 | $0.431 |
| Dec 19, 2011 | $0.069 |
| Dec 17, 2010 | $0.002 |
| Dec 16, 2009 | $0.179 |
| Dec 16, 2004 | $0.162 |
| Dec 15, 2000 | $0.173 |
| Dec 27, 1996 | $0.126 |
NBPTX - Fund Manager Analysis
Managers
Eli Salzmann
Start Date
Tenure
Tenure Rank
Dec 16, 2011
8.88
8.9%
Managing Director, joined the firm in 2011. Eli is a Senior Portfolio Manager specializing in U.S. Large Cap Value strategies. Prior to joining the firm, Eli spent nearly 14 years at Lord Abbett & Co LLC as a portfolio manager, partner, and director of large cap value. Prior to that, Eli worked at Mutual of America as a portfolio manager/analyst and held several positions at PaineWebber, Inc. Eli received an MBA from New York University and a BA from Princeton University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 85.01 | 7.09 | 5.13 |